274 Pleasant St, Gardner, MA, 01440
15 rooms
6 beds
3 Full baths
1900
3,914 sqft
This 3-unit investment property is ideally located near downtown Gardner and offers strong potential for steady returns. The building consists of three units: one 3-bedroom/1-bath, one 2-bedroom/1-bath, and one 1-bedroom/1-bath. The property has benefited from several capital improvements and cost-saving upgrades over the years, including vinyl siding repairs, updated electrical systems, a new roof installed in 2024, newer exterior stairs and decking, some ceiling and drywall repair, and a recently installed boiler. Units one and two are currently tenant-at-will (non-paying), presenting an opportunity for an investor to stabilize rents and increase overall income. With low operating expenses—tenants are responsible for their own heat and electricity—this property offers an attractive investment profile. With proper rental management and potential value-add improvements, this building presents a solid opportunity to generate consistent cash flow and long-term profit.
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
R
Heating:
Baseboard, Natural Gas, Electric
Basement:
Full, Walk-Out Access, Concrete, Unfinished
Levels:
3
Parking:
5-car, Shared Driveway, Off Street
Acreage:
0.24
Est. Taxes:
$5,160
Assessment
$359,300
Construction
Frame
Lot Description:
Gentle Sloping
Amenities:
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
Appliances:
Range, Refrigerator
MLS #:
73510901
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Michelle Peterson, Elm Grove Realty, LLC 603-821-0077